FROM Karen Weise
Chinese Millionaires Are Snapping Up LA Real Estate Investors from China bought $22 billion worth of homes in the United States last year and Arcadia, in the San Gabriel Valley, is a microcosm of what’s happening around the country. Karen Weise reports on real estate for Bloomberg Businessweek. Ping Chen is from mainland China. Since the year 2000, she’s been a realtor in Alhambra.
Does 'hire American' mean fire a foreigner? US companies are allowed to hire employees from other countries with highly developed skills that can't be found here. President Trump says it's being abused as a way to find cheap foreign labor. We hear about the benefits—and the risks—of changing the H-1B program.